So the team got this amazing new idea which has the potential of creating a Billion Dollar valuation enterprise. Couple of months later with the funding drying up; one of the founder leaving for greener pastures, the first beta client that was supposed to sign the Six Figure contract not happening, we have all the signs of another idea ready to bite the dust. These phenomenons are not a rarity but something that we see all around us. The presentation attempts to identify the risk and strategy to overcome them.

1. Seven reasons why Software Startups Fail?
Mrinal Singh
mrinalasingh@gmail.com
Skype: mrinalasingh

2. Lack of Technology expertise
WINKLEVOSS TWINS, MARK
ZUCKERBERG- THE SOCIAL
NETWORK-
Successful software startup would have
one of its key executives with a
substantial degree of technology
expertise

3. Time to Market
Product shipped at right time- First Mover Advantage Rocks but
even then a good idea might be lost if the product is brought into
the market at a fast pace with unresolved issues

4. Cash Flow
Ensure that you have a business model that has taken into
consideration both Cash flow and burn

5. Adaptive enterprise
Adaptive to changing market needs , fast paced innovation driven
environment , incorporate the market inputs

6. Strategy

7. Identify the Niche
Identify and define your niche develop a solution that addresses that
in the best possible manner

8. Multitasking
Product development, hiring or sales- Initial set of activities should be
driven by founders

9. This is not an exhaustive list and there can be changes depending on
a number of factors but if we keep in consideration these factors
we are ensuring the foundation of a successful enterprise